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Why do you need to own Bitcoin for transactions? Someone wants to buy a 50k car. They give you 50k worth of Bitcoin. You immediately sell the Bitcoin for 50k o
by Axien 5y ago
Why do you need to own Bitcoin for transactions?
Someone wants to buy a 50k car. They give you 50k worth of Bitcoin. You immediately sell the Bitcoin for 50k of dollars.
At no time did you need to own Bitcoin before the transaction.
- toomanybeersies 5y agoI read it as implying Tesla intends to use BTC for outgoing payments. Of course, that would require Tesla's vendors to start accepting BTC. I strongly suspect LG Chem and Panasonic don't accept bitcoin payments.